Common use of Issue of Rights and Right Certificates Clause in Contracts

Issue of Rights and Right Certificates. (a) One Right shall be associated with each Capital Share outstanding on the Record Date, each additional Capital Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date or the Expiration Date and each additional Capital Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date or the Expiration Date as provided in Section 23, in each case subject to the provisions of Section 12.

Appears in 5 contracts

Samples: Rights Agreement (Telco Systems Inc /De/), Rights Agreement (Safety Fund Corp), Rights Agreement (Telco Systems Inc /De/)

AutoNDA by SimpleDocs

Issue of Rights and Right Certificates. (a) One Right shall be associated with with: (i) each Capital Common Share outstanding on the Record Date, ; (ii) each additional Capital Common Share (other than Common Shares issued upon the exercise or exchange of any Right) that shall become outstanding between the Record Date and the earliest to occur of the Distribution Date, the Redemption Date or the Expiration Date Date; and (iii) each additional Capital Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date or the Expiration Date as provided in Section 23, in each case subject to the provisions of Section 12adjustment as provided in this Agreement.

Appears in 2 contracts

Samples: Tax Asset Protection Rights Agreement (Aceto Corp), Asset Protection Rights Agreement (Cambium Learning Group, Inc.)

Issue of Rights and Right Certificates. (a) One Right shall be associated with each Capital Common Share outstanding on the Record Date, each additional Capital Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date or the Expiration Date and each additional Capital Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date or the Expiration Date as provided in Section 2322, in each case subject to the provisions of Section 12adjustment as provided in this Agreement.

Appears in 2 contracts

Samples: Rights Agreement (Itex Corp), Rights Agreement (Itex Corp)

AutoNDA by SimpleDocs

Issue of Rights and Right Certificates. (a1) One Right shall be associated with each Capital Common Share outstanding on the Record Date, each additional Capital Common Share that shall become outstanding between the Record Date and the earliest of the Distribution Date, the Redemption Date or the Expiration Date and each additional Capital Common Share with which Rights are issued after the Distribution Date but prior to the earlier of the Redemption Date or the Expiration Date as provided in Section 23, in each case subject to the provisions of Section 12adjustment as provided in this Rights Agreement.

Appears in 1 contract

Samples: Rights Agreement (GlobalOptions Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.